General
- Updated:
- 2 December, 2022
- 570.00 m2
About
WARSAW - TARGÓWEK UL. SPÓJNI 19/19A
INVESTMENT DESCRIPTION OF CONSTRUCTION OF AN APARTMENT BUILDING WITH 8 RESIDENTIAL PREMISES IN WARSAW – TARGÓWEK AT 19/19A SPÓJNIA STREET
1. A special purpose vehicle (limited liability company) is established for investments, in which the Investor/Partner holds 100% of shares and holds a position in the management board. Coordinator from BCOSMOPOLITAN SA takes the second position in the management board or has been granted a power of attorney Q2022 2023 - QXNUMX XNUMX
2. The Investor/Partner pays the capital necessary to purchase the land and incur the first design/administrative costs to the company. It will be PLN 1,9-2 million in Q2022 2023 - QXNUMX XNUMX
3. The company purchases land and prepares design and construction documentation for Q2023/XNUMX
4. The investor contributes the remaining amount to the company for the implementation of construction works in tranches, according to the schedule of works from Q2023/Q2024 2 to QXNUMX XNUMX, the remaining amount of PLN XNUMX million (the amount may be reduced by partial tranches from the escrow account from the sale of apartments)
5. Commencement of construction works in Q2023/QXNUMX XNUMX
6. Completion of construction works/acceptances Q2023 2024 - QXNUMX XNUMX
7. Sale of residential premises Q2023 2024 - QXNUMX XNUMX
8. Completion/settlement of the investment Q2023 2024 - QXNUMX XNUMX
SHORT INVESTMENT COMPLETION TIME 12-15 MONTHS
• ASSUMPTED RATE OF RETURN AT 34%
• DIRECT NEIGHBORHOOD TO THE ZACISZE METRO STATION (350M)
• A SMALL AND EASILY MEASURED INVESTMENT - POSSIBLE CHANGES IN PRODUCTION COSTS AND SALES PRICES MAY BE MINOR
• ATTRACTIVE DEVELOPMENT SURROUNDINGS, ALSO INCLUDING SIMILAR PROPERTIES.
• DESIGNER'S EXPERIENCE IN IMPLEMENTATION OF A SIMILAR INVESTMENT, ALSO IN TARGÓWK
• EXPERIENCE OF BCOSMOPOLITAN SA STAFF IN IMPLEMENTATION OF SUCH BOUTIQUE INVESTMENTS
